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PRESS RELEASES

Catapult Powered by Magaya and BlueX Trade Partner to Offer Enhanced Rate Management for Customers

Tomas Swinburne
Dec 15, 2020
BlueX and Catapult partnership
  • The partnership will deliver real-time rate management directly from BlueX-affiliated ocean carriers via the Catapult platform.
  • BlueX enterprise-class APIs are simple yet powerful tools to connect ocean carrier data
    to third-party systems like Catapult QMS.
  • The partnership allows BlueX and its carriers to provide their rates directly to a vast network of Catapult and Magaya shippers and freight forwarders.

December 15th, 2020 – Catapult Powered by Magaya today announced its partnership with BlueX, delivering real-time ocean carrier rate management to customers and providing access to a streamlined and more efficient rate management system with BlueX Trade affiliated carriers.

Catapult offers an industry-leading freight rate management software solution that enables freight forwarders and shippers to search and compare rate sets, manage margins, surcharges, quotes, tariffs, RFQs, and spot rates – all from a single control tower. The BlueX API connects shippers and ocean carriers via Catapult QMS to receive instantaneous and easy-to-understand carrier data in the Catapult QMS user interface, with the highest level of transparency and accuracy possible in the shipping industry.

“We are committed to providing the best-in-class APIs to integrators such as Catapult, who are working to achieve the same goal in ocean shipping: transparency between shippers and carriers. This partnership will enable shippers and freight forwarders to optimize and automate their freight procurement with effective rate management on a single digital platform,” said Sean O’Malley, CEO of BlueX Trade.

BlueX API integration will open up carrier data and support shippers and freight forwarders to achieve greater freight procurement efficiencies with the Catapult QMS solution, while automating their booking processes.

“From the shipper’s perspective, staying on top of constantly changing freight rates has been more challenging than ever this year,” said Virgil Ferrera, Chief Operating Officer, Rate Management at Magaya. “That’s why we partnered with BlueX, to bring our customers yet another tool to access real-time ocean carrier rates, allowing them to make wiser quoting and routing decisions and protect their profit margins.”

Together, this partnership is making strides in enhancing the multi-carrier experience that makes Catapult a leader in rate management accuracy, smarter quoting, and intelligent rate decisions for their customers.x

About BlueX Trade
Founded in 2018, and based in the United States and Taiwan, BlueX is a B2B freightech platform for the container shipping industry. BlueX tech-enables ocean carriers to improve supply chain transparency, efficiency and security while bringing AI-driven insights to enhance a carrier’s bottom-line. Visit www.bluextrade.com. For press inquiries, contact vivian.chiang@bluextrade.com.

About Catapult Powered by Magaya
Catapult Powered by Magaya provides technology-enabled solutions for freight forwarders, shippers, and carriers worldwide. As part of the Magaya Ecosystem, Catapult Rate Management joins Magaya Supply Chain and ACELYNK ABI to deliver flexible, interoperable, modular solutions that can be used independently or together as an integrated end-to-end logistics software platform. Managing over 1 billion cargo rates with over 99 percent accuracy, Catapult combines air, ocean, and ground rate contracts into one simple cloud-based rate management system. This enables operations and sales departments to get their best carrier rate efficiently from point A to point B with dramatic improvements. Catapult QMS focuses on a flexible, fast, and accurate quoting experience in the most feature-rich rate management platform in the market. For more information, please visit www.gocatapult.com.